7121 Race StPittsburghPA15208
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pittsburgh at 7121 Race St, Pittsburgh, PA, 15208 uses $98,688 cash to close to unlock $472/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,457/mo payment keeps the spread at $39/mo. Purchase price stands at $297,700, and rental yield measures 8.02% with $1,990/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $82,249 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash records $104,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,457/mo payment rather than investor’s personal income.
Single Family
Built in 1915
3,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15208, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 2,063 (39.1%) |
| Renter Occupied HU | 2,259 (42.9%) |
| Vacant Housing Units | 949 (18.0%) |
| Median Home Value | $351,141 |
| Average Home Value | $405,001 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,074
Multi-Family
747
Businesses
257
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Listed by: Shawn Hannegan • RE/MAX ENTERPRISE
Mls Name: WPMLS
Mls ID: #1716694